Boralex acquires two UK onshore wind projects totaling over 58MW

Boralex acquired two UK onshore wind projects, Upper Ogmore Wind Farm in South Wales and the Tom na Clach Extension in the Scottish Highlands, with a combined capacity of over 58MW. The projects are expected to become operational towards the end of the decade, with Upper Ogmore targeting grid connection in 2029 and Tom na Clach Extension aiming for commercial operation around 2030. Upper Ogmore is a seven-turbine project of approximately 25MW, while Boralex secured a 75% stake in the 34MW Tom na Clach Extension. Upper Ogmore was previously acquired by Marubeni, and Tom na Clach Extension was developed by Infinergy with Colin Cawdor retaining a minority stake. This acquisition strengthens Boralex's development portfolio in the UK, supporting the transition to a low-carbon energy system by leveraging strong wind resources and established grid infrastructure.

Counterparts (4)

Seller

I

Infinergy

company

Marubeni Corporation

company · 2 deals

Marubeni Corporation is a Japanese trading and investment conglomerate with a diverse portfolio of businesses, including power and infrastructure services, energy, metals and mineral resources, and food and agri business. They aim to contribute to regional economies and society by engaging in business fields and markets across the world.

C

Colin Cawdor

company

London-based infrastructure investment firm with $1.2B AUM focused on energy transition and digital infrastructure across the UK and Western Europe. Specializes in brownfield redevelopment and operational assets in renewables, waste-to-energy, and data centers.

Buyer

Boralex

company

Boralex is a Canadian renewable energy power producer that develops, builds, and operates onshore wind farms, solar farms, hydroelectric power stations, and energy storage facilities. Their strategy focuses on growth in North America and Europe, leveraging their expertise in project development and asset management to expand their installed capacity and contribute to the energy transition.